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Maria puts $2,500.00 in her money market account earning 8% interest annually. How much interest and how much money would she have after 7 years?

Maria puts $2,500.00 in her money market account earning 8% interest annually. How much interest and how much money would she have after 7 years?
asked 41.7k views
17 votes
Maria puts $2,500.00 in her money market account earning 8% interest annually. How much interest and how much money would she have after 7 years?

asked
User Sergiy Sokolenko
by
8.2k points

1 Answer

5 votes
The correct answer: total interest = $1,784.56 and she would have $4,284.56 after 7 years
answered
User Jung Rhew
by
8.4k points
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